Question : Which of the following is not a type of international borrowing?
Option 1: Sovereign debt
Option 2: Commercial bank loans
Option 3: Eurobonds
Option 4: Import financing
Answer (1)
12th Jan, 2024
Correct Answer: Import financing
Solution : The correct answer is (d) Import financing
Import financing is not a type of international borrowing. Import financing refers to the financing options available to facilitate the payment for imported goods and services, such as letters of credit or trade finance arrangements. It is a mechanism to manage the payment process rather than a form of borrowing from international sources.
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